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Peloton CEO Barry McCarthy to Step Down Amid Fresh Layoffs
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How Vanguard stacks up against BlackRock in ETFs as new CEO Salim Ramji steps in
Vanguard is moving closer to BlackRock’s top ranking in U.S. exchange-traded-fund assets.MarketWatch - Business -
Tom McMillen, head of the FBS athletic directors' organization LEAD1, announces he's stepping down
The head of the association representing athletic directors of Football Bowl Subdivision schools is stepping down this fall after more than eight years as president and CEOABC News - Sports -
New York Community Bank COO Julie-Ann Signorille-Browne is stepping down
Browne’s departure follows a slate of recent executive exits at NYCB.MarketWatch - Business - New York -
House GOP looks to undercut McCarthy-Biden deal for 2025 funding
Rep. Tom Cole (R-Okla.), chair of the powerful House Appropriations Committee, on Thursday previewed the funding levels at which GOP negotiators are seeking to craft their annual government spending bills for fiscal 2025. Republicans are proposing ...The Hill - Politics -
BT’s CEO says she ‘loves to squeeze’ short sellers as shares jump
UK’s biggest telecoms group rises 17% as Allison Kirkby announces strategy and raises dividendFinancial Times - Business -
Carter Center CEO says 'no significant change' in Jimmy Carter's condition: AJC
Carter Center CEO Paige Alexander said in a Wednesday interview that there has been “no significant change” in former President Carter’s condition. “It’s 15 months of hospice at this point, and he is fully retired,” Alexander said on The Atlanta ...The Hill - Politics -
Lula Pushes New Petrobras CEO to Boost Refinery, Gas Investments
Yahoo News - World -
In 1 Sentence, Google CEO Sundar Pichai Just Summed Up What Every Company CEO Should Be Doing Right Now
Has big tech learned its lesson for how to responsibly engage its workforce?Inc. - Business - Google -
Meta Faces Fresh Probe Over ‘Addictive’ Effect on Kids
The EU has launched an investigation into Facebook and Instagram’s child protection measures as part of mounting concerns around minors’ use of social media.Wired - Tech -
Why the post-Fed stock-market rally is raising fresh inflation questions
The issue is whether Fed Chair Jerome Powell’s post-meeting remarks on May 1 — in which he said the central bank’s next move is “unlikely” to be a rate hike — are now easing financial conditions by so much that this ends up stalling progress on ...MarketWatch - Business
More from The Wall Street Journal
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China Consumption, Investment Slows Unexpectedly
Consumption and investment in China slowed unexpectedly in April, while industrial output beat expectations as Beijing doubled down on its manufacturing drive to spur growth.The Wall Street Journal - World - China -
Most Asian Currencies Weaken; China Economic Data in Focus
Most Asian currencies weakened against USD in the morning session in possible position adjustments following the greenback’s recent depreciation.The Wall Street Journal - World - China -
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Forget 9 to 5. These go-getters are working 5 to 9.The Wall Street Journal - World -
JGB Futures Fall; BOJ Bond Purchases in Focus
JGB futures fell in thin trading in the morning Tokyo session. Market participants were likely to focus on the BOJ’s bond purchase operations today.The Wall Street Journal - World -
Oil Edges Higher, Aided by Fed Rate-Cut Prospects
Oil edged higher in early trade, aided by prospects of Fed rate cuts which would help support the U.S. economy and energy demand.The Wall Street Journal - World - Federal Reserve